Finacity

Established in 2001, Finacity Corporation operates as a specialized financial services firm focused on facilitating capital markets access for trade receivables. The company was founded by Adrian Katz, who currently serves as CEO. His extensive 35-year background in the asset-backed securitization industry, including roles as a Managing Director at Smith Barney and Prudential Securities, shaped the foundation of the company.

Finacity's core business revolves around structuring and providing efficient funding programs for trade and consumer receivables. The company does not act as a direct lender or investor; instead, it partners with third-party funding institutions such as banks, asset-backed commercial paper conduits, and capital market participants to deliver its services. Its business model focuses on making the securitization of these assets less complex and more cost-effective. This is achieved by analyzing a client's receivables portfolio, structuring a transaction, finding a suitable funding partner, and then acting as the ongoing administrator and backup servicer for the transaction. This process enables clients to finance at rates often below their corporate rating equivalent. Revenue is generated through fees for these structuring, administration, and servicing activities.

The firm serves a diverse client base, from mid-sized companies to large multinational corporations across various industries, including software, food and beverage, and digital infrastructure. Its clients have annual revenues ranging from $50 million to over $120 billion. Finacity's proprietary technology platform is a key feature, capable of handling multi-currency and multi-lingual data from various ERP systems, which allows it to manage complex international transactions. This platform provides detailed receivable-level analysis, daily collateral valuation, and customized reporting, which offers comfort to investors. A significant milestone was reached when the company announced it had facilitated the funding of over $1 trillion in trade receivables over a recent five-year period. In 2021, Finacity was acquired by White Oak Global Advisors, a move intended to accelerate White Oak's expansion into the asset-based working capital solutions market, though Finacity continues to operate as a standalone business.

Keywords: trade receivables securitization, working capital solutions, asset-backed financing, structured trade finance, supply chain finance, receivables funding, capital markets access, financial services, consumer asset financing, back-up servicing, transaction administration, payables finance, forfaiting, cross-border financing, corporate funding, invoice securitization, capital efficiency, receivables management, alternative funding, financial structuring